Record To Report Practitioner

Your role and responsibilities

General Ledger Accountant's work consists primarily of general accounting activities. They include preparation and posting of journal entries, maintenance of balance sheet accounts and these accounts' reconciliations. Moreover, he/she takes part in periods' closings and accounts' analysis and supports senior colleagues (Senior Accountants / Chief Accountant) in carrying out responsibilities of the accounting department.

Your Roles and Responsibilities

Environment

Ability to cope with different situations, different requirements, uncertainty and stress; ability to modify goals and directions when needed.

Problem solving

Accurately accumulating information and its analysis; forecasting potential problems and planning; allowing for alternative, creative solutions and identifying most reasonable solutions.

Communication

Clear and concise in oral and written communication; attentive listening focused on understanding; adjusting the style of speech to the situation and to the audience; understanding and making use of accessible communication tools.

Effective cooperation with different units and teams inside and outside IBM; mutually respective and appreciating differences; building and strengthening relations; finding solutions favorable for both sides.

Drive to

Impact

Striving for ambitious goals and continuously seeking better results by overcoming challenges along the way and proactively expanding knowledge.
Taking ownership by identifying needs, making informed decisions, and assuming responsibility for tasks and outcomes.

Per Process:

1. GL & Reporting System Maintenance
a. Update and maintain the General Ledger chart of accounts with accurate data. This includes performing data validation to ensure that all entries conform to established rules and standards.
b. Input data within the General Ledger.
c. Collaborate with different teams to understand their data requirements and assist in appropriate GL data input.
d. Monitor and perform correction of any data inconsistencies or discrepancies found in the GL system.
e. Participate in regular data verification checks to ensure accuracy and compliance with accounting standards.

2. Journal entry processing
a. Perform basic data validation checks to ensure the accuracy and completeness of journal entries
b. Prepare and / post journal entries into the General Ledger system.
c. Ensures that tasks given are performed in a timely manner and with respective
attention to their quality

3. Account Reconciliation
a. Perform periodic account reconciliations to ensure the accuracy of financial records. This includes balancing accounts between the General Ledger and subsidiary ledgers, as well as with external parties.
b. Perform the analysis of the reconciliation, identify and investigate discrepancies, and work with relevant parties to resolve any differences.
c. Maintain detailed records of reconciliation activities, including findings and resolutions.
d. Ensures that tasks given are performed in a timely manner and with respective attention to their quality
4. Intercompany Processing and Settlement
a. Prepare and process intercompany billing documents, ensuring accuracy and compliance with established policies.
b. Review and validate invoices before submission for processing.
c. Accurately record and classify intercompany billing received into the appropriate accounts.
d. Initiate the matching and posting of intercompany invoices to the General Ledger.
e. Process intercompany settlements, including cash transfers, bank reconciliations, and journal entries.
f. Maintain detailed records of settlement activities.
g. Regularly reconcile intercompany account balances to ensure accuracy and compliance with accounting standards.
h. Perform investigation and resolutions of any discrepancies identified during the reconciliation process.
i. Work with international subsidiaries to obtain and validate intercompany balance confirmations.
j. Resolve any discrepancies arising from the confirmation process.
5. Cost and Inventory Accounting
a. Track and report inventory levels and costs.
b. Support the investigation and resolution of discrepancies in inventory records.
c. Perform basic data validation checks to ensure the accuracy and completeness of inventory and cost records.
d. Accurately input inventory and cost data into the General Ledger system.

6. Fixed Assets and Project Accounting
a. Perform basic data validation checks to ensure the accuracy and completeness of fixed asset records.
b. Calculate and record depreciation expense for fixed assets in accordance with the company's depreciation policy.
c. Record fixed asset additions, transfers and disposals in the General Ledger.
d. Maintain up-to-date fixed asset registers and related documentation.
e. Assist in preparing fixed asset schedules and reports.
f. Set up new projects in the accounting system, ensuring proper classification and coding.
g. Perform project transfers to other departments, and project adjustments.
7. Close and consolidation
a. Participate in the monthly close process, ensuring all accounts are accurately closed and consolidated.
b. Prepare reports, schedules, analysis and journals entries.

Required education

Bachelor's Degree

Required technical and professional expertise

1. Graduate of BS Accountancy, Finance, Business, Economics, or other related management degrees.
2. Minimum of 1 to 2 Yrs work experience in Finance and Accounting, at least a year of experience in General Accounting (no experience required if CPA).
3. Strong understanding or working knowledge of general accounting and various accounting concepts and principles.
4. Advance knowledge and understanding on account reconciliation, identification of reconciling items and bring into resolution/closure, journal entry processing, month end close activities
5. Advance knowledge and skills in Excel
6. Excellent in written, oral and interpersonal communication skills
7. Proficient knowledge and hands on experience in any related Accounting Software SAP, Oracle or any large-scale ERP system is an advantage
8. Demonstrated knowledge and application of Generally Accepted Accounting Principles (GAAP, US GAAP, IFRS is an advantage)
9. Ability to work independently in a fast-paced, dynamic setting while maintaining accuracy, prioritize tasks, manage multiple priorities and delivering against tight deadlines
10. Demonstrated ability to solve complex of problem, results-oriented, committed to do follow ups, adds personal wisdom and experience to come to the best conclusion and solution, used multiple problem-solving tools and techniques, good relationship-building skills and should be a Team Player
11. Can work on flexible hours to meet changing work environment & schedule and to meet tight deadlines

ABOUT BUSINESS UNIT

IBM Consulting is IBM's consulting and global professional services business, with market leading capabilities in business and technology transformation. With deep expertise in many industries, we offer strategy, experience, technology, and operations services to many of the most innovative and valuable companies in the world. Our people are focused on accelerating our clients' businesses through the power of collaboration. We believe in the power of technology responsibly used to help people, partners and the planet.

YOUR LIFE @ IBM

In a world where technology never stands still, we understand that, dedication to our clients success, innovation that matters, and trust and personal responsibility in all our relationships, lives in what we do as IBMers as we strive to be the catalyst that makes the world work better.

Being an IBMer means you'll be able to learn and develop yourself and your career, you'll be encouraged to be courageous and experiment everyday, all whilst having continuous trust and support in an environment where everyone can thrive whatever their personal or professional background.

Our IBMers are growth minded, always staying curious, open to feedback and learning new information and skills to constantly transform themselves and our company. They are trusted to provide on-going feedback to help other IBMers grow, as well as collaborate with colleagues keeping in mind a team focused approach to include different perspectives to drive exceptional outcomes for our customers. The courage our IBMers have to make critical decisions everyday is essential to IBM becoming the catalyst for progress, always embracing challenges with resources they have to hand, a can-do attitude and always striving for an outcome focused approach within everything that they do.

Are you ready to be an IBMer?

ABOUT IBM

IBM's greatest invention is the IBMer. We believe that through the application of intelligence, reason and science, we can improve business, society and the human condition, bringing the power of an open hybrid cloud and AI strategy to life for our clients and partners around the world.

Restlessly reinventing since 1911, we are not only one of the largest corporate organizations in the world, we're also one of the biggest technology and consulting employers, with many of the Fortune 50 companies relying on the IBM Cloud to run their business.

At IBM, we pride ourselves on being an early adopter of artificial intelligence, quantum computing and blockchain. Now it's time for you to join us on our journey to being a responsible technology innovator and a force for good in the world.

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